DEXCOM INC DXCM
COM · Common Stock · CUSIP 252131107 · ISIN US2521311074
Company that develops, manufactures and distributes continuous glucose monitoring systems
- SectorHealth care
- IndustrySurgical & Medical Instruments & Apparatus
- HeadquartersSan Diego, CA
- Founded1999
- Websitedexcom.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($210.5m this quarter). Holder counts are more reliable. Shares outstanding: 387.6m as of 2023-04-20, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $116.19. Options: 40 managers hold calls ($465.1m notional), 34 hold puts ($478.2m).
Trends to Q1 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 794 |
| Q4 2022 | 918 |
| Q1 2023 | 905 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 460 | 357 |
| Q1 2023 | 422 | 434 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $324.3m | $397.7m | 1.23 |
| Q4 2022 | $636.4m | $641.0m | 1.01 |
| Q1 2023 | $465.1m | $478.2m | 1.03 |
Biggest buyers
| FMR LLC | Added | +10.7m |
| MARSHALL WACE, LLP | Added | +2.0m |
| CITADEL ADVISORS LLC | Added | +1.8m |
| Point72 Asset Management, L.P. | Added | +1.4m |
| Invesco Ltd. | Added | +844.3k |
| AMERICAN CENTURY COMPANIES INC | Added | +816.9k |
| Thrivent Financial for Lutherans | Added | +628.2k |
| LOS ANGELES CAPITAL MANAGEMENT LLC | Added | +574.3k |
| 1832 Asset Management L.P. | Added | +516.8k |
| NEUBERGER BERMAN GROUP LLC | Added | +447.7k |
Biggest sellers
| JENNISON ASSOCIATES LLC | Reduced | -1.9m |
| JANUS HENDERSON GROUP PLC | Reduced | -1.9m |
| SANDS CAPITAL MANAGEMENT, LLC | Reduced | -1.8m |
| MILLENNIUM MANAGEMENT LLC | Reduced | -1.2m |
| LORD, ABBETT & CO. LLC | Reduced | -882.7k |
| VOYA INVESTMENT MANAGEMENT LLC | Reduced | -835.9k |
| Clearbridge Investments, LLC | Reduced | -694.3k |
| Avidity Partners Management LP | Reduced | -608.8k |
| Man Group plc | Sold out | -546.6k |
| PRUDENTIAL FINANCIAL INC | Reduced | -498.4k |
Biggest calls
| Laurion Capital Management LP | New | $74.0m637.0k shares |
| Balyasny Asset Management L.P. | Added | $60.4m520.0k shares |
| Parallax Volatility Advisers, L.P. | Added | $51.7m445.3k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $38.7m332.8k shares |
| CITADEL ADVISORS LLC | Reduced | $36.1m310.8k shares |
| JANE STREET GROUP, LLC | Reduced | $29.7m256.0k shares |
| Walleye Trading LLC | Reduced | $18.4m158.6k shares |
| SIMPLEX TRADING, LLC | Reduced | $16.4m141.5k shares |
| NOMURA HOLDINGS INC | New | $16.0m137.6k shares |
| WS MANAGEMENT LLLP | New | $11.6m100.0k shares |
Biggest puts
| Walleye Trading LLC | Added | $101.6m874.2k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $65.8m566.5k shares |
| WS MANAGEMENT LLLP | New | $49.4m425.6k shares |
| CITADEL ADVISORS LLC | Reduced | $45.4m390.8k shares |
| SIMPLEX TRADING, LLC | Added | $32.4m278.5k shares |
| CITIGROUP INC | Added | $31.9m275.0k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $30.3m261.2k shares |
| BARCLAYS PLC | Reduced | $20.4m175.5k shares |
| JANE STREET GROUP, LLC | Reduced | $17.6m151.3k shares |
| Twin Tree Management, LP | Added | $14.9m128.1k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution filed 2025-04-24 | 8.3% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 7.5% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.0% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q1 2023
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q2 2021 | 0 | — | 0 | — | — |
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 0 | — | 9 | $13.5m | — |
| Q1 2022 | 0 | — | 8 | — | — |
| Q2 2022 | 0 | — | 3 | $327.6k | — |
| Q3 2022 | 0 | — | 2 | $167.7k | — |
| Q4 2022 | 0 | — | 3 | $1.4m | — |
| Q1 2023 | 0 | — | 8 | $19.9m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-03-23 | Pacelli Steven Robert EVP Managing Director Dexcom V | Sold | $633.4k5.4k shares |
| 2023-03-16 | Dolan Matthew Vincent SVP Corporate Strategy-Develop | Sold | $264.8k2.3k shares |
| 2023-03-14 | Stern Sadie EVP Chief Human Resources Offi | Sold | $44.0k393 shares |
| 2023-03-13 | Dolan Matthew Vincent SVP Corporate Strategy-Develop | Sold | $662.0k6.2k shares |
| 2023-03-13 | Flynn Paul R EVP Global Revenue | Sold | $295.6k2.8k shares |
| 2023-03-13 | Regan Barry J. EVP Operations | Sold | $213.6k2.0k shares |
| 2023-03-06 | Leach Jacob Steven EVP Chief Technology Officer | Sold | $2.1m18.1k shares |
| 2023-03-06 | Dolan Matthew Vincent SVP Corporate Strategy-Develop | Sold | $25.9k226 shares |
| 2023-03-01 | SAYER KEVIN R President CEO and Chairman of, director | Sold | $4.2m38.5k shares |
| 2023-02-23 | Pacelli Steven Robert EVP Managing Director Dexcom V | Sold | $46.0k412 shares |
| 2023-02-22 | Sylvain Jereme M EVP Chief Financial Officer | Sold | $274.9k2.4k shares |
| 2023-01-30 | SAYER KEVIN R President CEO and Chairman of, director | Sold | $6.0m56.8k shares |
| 2023-01-30 | Regan Barry J. EVP Operations | Sold | $234.8k2.2k shares |
| 2023-01-23 | Pacelli Steven Robert EVP Managing Director Dexcom V | Sold | $44.4k412 shares |
| 2023-01-20 | SAYER KEVIN R President CEO and Chairman of, director | Sold | $4.8m45.6k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q1 2023
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.13% of their portfolio | 44.1m $5.1bn | Added +292.3k |
| BlackRock Inc. 0.11% of their portfolio | 33.3m $3.9bn | Added +76.4k |
| FMR LLC 0.11% of their portfolio | 21.6m $2.5bn | Added +10.7m |
| BAILLIE GIFFORD & CO 1.80% of their portfolio | 17.2m $2.0bn | Reduced -145.4k |
| STATE STREET CORP 0.11% of their portfolio | 16.1m $1.9bn | Reduced -303.3k |
| SANDS CAPITAL MANAGEMENT, LLC 5.26% of their portfolio | 13.7m $1.6bn | Reduced -1.8m |
| JPMORGAN CHASE & CO 0.16% of their portfolio | 10.8m $1.3bn | Added +117.7k |
| Capital Research Global Investors 0.31% of their portfolio | 9.3m $1.1bn | Reduced -186.9k |
| GEODE CAPITAL MANAGEMENT, LLC 0.12% of their portfolio | 8.3m $960.2m | Added +170.8k |
| Nuveen Asset Management, LLC 0.34% of their portfolio | 7.9m $912.9m | Added +142.0k |
| JENNISON ASSOCIATES LLC 0.77% of their portfolio | 7.3m $844.0m | Reduced -1.9m |
| Invesco Ltd. 0.19% of their portfolio | 5.8m $669.7m | Added +844.3k |
| Bank of New York Mellon Corp 0.13% of their portfolio | 5.0m $580.9m | Reduced -315.7k |
| AMERICAN CENTURY COMPANIES INC 0.41% of their portfolio | 4.5m $518.0m | Added +816.9k |
| BLAIR WILLIAM & CO/IL 2.02% of their portfolio | 4.4m $506.1m | Reduced -65.0k |
| WELLINGTON MANAGEMENT GROUP LLP 0.10% of their portfolio | 4.2m $486.3m | Reduced -141.4k |
| MORGAN STANLEY 0.05% of their portfolio | 4.2m $484.9m | Reduced -146.8k |
| Clearbridge Investments, LLC 0.46% of their portfolio | 4.1m $478.9m | Reduced -694.3k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.23% of their portfolio | 4.1m $476.7m | Added +243.9k |
| CITADEL ADVISORS LLC 0.51% of their portfolio | 4.0m $469.2m | Added +1.8m |
| NORTHERN TRUST CORP 0.09% of their portfolio | 3.9m $456.4m | Reduced -36.1k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.07% of their portfolio | 3.9m $448.9m | Reduced -170.0k |
| NORGES BANK 0.10% of their portfolio | 3.7m $435.3m | Added +25.3k |
| Capital World Investors 0.09% of their portfolio | 3.7m $435.3m | Reduced -89.0k |
| MACQUARIE GROUP LTD 0.46% of their portfolio | 3.3m $383.4m | Reduced -163.5k |
| BANK OF AMERICA CORP /DE/ 0.04% of their portfolio | 3.1m $360.3m | Added +116.2k |
| MARSHALL WACE, LLP 0.85% of their portfolio | 3.0m $343.5m | Added +2.0m |
| VOYA INVESTMENT MANAGEMENT LLC 0.37% of their portfolio | 2.9m $341.7m | Reduced -835.9k |
| GOLDMAN SACHS GROUP INC 0.09% of their portfolio | 2.8m $320.7m | Added +131.6k |
| MILLENNIUM MANAGEMENT LLC 0.36% of their portfolio | 2.7m $310.8m | Reduced -1.2m |
| Legal & General Group Plc 0.10% of their portfolio | 2.5m $292.1m | Added +58.8k |
| BROWN ADVISORY INC 0.47% of their portfolio | 2.4m $277.9m | Reduced -365.4k |
| Capital International Investors 0.07% of their portfolio | 2.3m $270.7m | Added +1.2k |
| FEDERATED HERMES, INC. 0.68% of their portfolio | 2.3m $269.3m | Added +125.7k |
| CREDIT SUISSE AG/ 0.27% of their portfolio | 2.3m $267.3m | Reduced -227.7k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.07% of their portfolio | 2.1m $244.9m | Added +34.2k |
| Artisan Partners Limited Partnership 0.38% of their portfolio | 2.0m $231.1m | Reduced -278.0k |
| Ownership Capital B.V. 3.94% of their portfolio | 1.9m $224.2m | Reduced -26.1k |
| Amundi 0.12% of their portfolio | 1.9m $216.4m | Added +115.3k |
| AXA S.A. 0.76% of their portfolio | 1.9m $219.7m | Added +3.1k |
| Champlain Investment Partners, LLC 1.38% of their portfolio | 1.9m $219.3m | Added +115.4k |
| 1832 Asset Management L.P. 0.44% of their portfolio | 1.9m $215.5m | Added +516.8k |
| PUTNAM INVESTMENTS LLC 0.34% of their portfolio | 1.8m $211.0m | Reduced -21.5k |
| NEUBERGER BERMAN GROUP LLC 0.19% of their portfolio | 1.8m $207.5m | Added +447.7k |
| DEUTSCHE BANK AG\ 0.11% of their portfolio | 1.7m $198.4m | Reduced -115.9k |
| AMERIPRISE FINANCIAL INC 0.06% of their portfolio | 1.7m $196.3m | Added +99.7k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.27% of their portfolio | 1.6m $184.2m | Added +25.6k |
| WESTFIELD CAPITAL MANAGEMENT CO LP 1.29% of their portfolio | 1.6m $182.5m | Added +52.0k |
| Point72 Asset Management, L.P. 0.64% of their portfolio | 1.6m $181.5m | Added +1.4m |
| Swiss National Bank 0.12% of their portfolio | 1.5m $178.1m | Reduced -62.8k |
| Holocene Advisors, LP 0.88% of their portfolio | 1.5m $175.6m | Added +122.8k |
| WELLS FARGO & COMPANY/MN 0.05% of their portfolio | 1.4m $167.4m | Reduced -53.8k |
| BAMCO INC /NY/ 0.50% of their portfolio | 1.4m $167.0m | Added +81.6k |
| Fisher Asset Management, LLC 0.09% of their portfolio | 1.3m $152.9m | Reduced -63.6k |
| Allspring Global Investments Holdings, LLC 0.25% of their portfolio | 1.3m $151.2m | Reduced -55.9k |
| Alphabet Inc. 8.05% of their portfolio | 1.2m $145.2m | Unchanged |
| LORD, ABBETT & CO. LLC 0.26% of their portfolio | 1.2m $141.7m | Reduced -882.7k |
| EAGLE ASSET MANAGEMENT INC 0.83% of their portfolio | 1.2m $141.3m | Added +240.3k |
| FRANKLIN RESOURCES INC 0.07% of their portfolio | 1.2m $136.4m | Added +41.1k |
| Rathbones Group PLC 1.38% of their portfolio | 1.2m $135.2m | Reduced -31.6k |
| Sumitomo Mitsui Trust Group, Inc. 0.10% of their portfolio | 1.1m $128.5m | Reduced -26.6k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.16% of their portfolio | 1.1m $123.9m | Added +195.8k |
| BESSEMER GROUP INC 0.28% of their portfolio | 1.0m $117.9m | Added +9.6k |
| TCW GROUP INC 1.48% of their portfolio | 997.9k $115.9m | Added +10.4k |
| VICTORY CAPITAL MANAGEMENT INC 0.12% of their portfolio | 942.6k $109.5m | Reduced -51.7k |
| Balyasny Asset Management L.P. 0.35% of their portfolio | 930.3k $108.1m | Reduced -65.6k |
| Polar Capital Holdings Plc 0.73% of their portfolio | 859.0k $99.8m | Added +218.7k |
| Thrivent Financial for Lutherans 0.24% of their portfolio | 846.6k $98.4m | Added +628.2k |
| Mirae Asset Global Investments Co., Ltd. 0.23% of their portfolio | 838.3k $97.0m | Reduced -166.8k |
| RHUMBLINE ADVISERS 0.11% of their portfolio | 783.9k $91.1m | Added +47.5k |
| JANUS HENDERSON GROUP PLC 0.06% of their portfolio | 773.5k $89.9m | Reduced -1.9m |
| DekaBank Deutsche Girozentrale 0.22% of their portfolio | 762.4k $86.8m | Added +60.1k |
| Bellevue Group AG 1.27% of their portfolio | 755.1k $87.7m | Reduced -233.4k |
| BEACON INVESTMENT ADVISORY SERVICES, INC. 4.19% of their portfolio | 741.7k $86.2m | Added +1.1k |
| FRONTIER CAPITAL MANAGEMENT CO LLC 0.88% of their portfolio | 729.7k $84.8m | Added +34.6k |
| ROYAL BANK OF CANADA 0.03% of their portfolio | 727.0k $84.5m | Reduced -156.7k |
| PRINCIPAL FINANCIAL GROUP INC 0.06% of their portfolio | 722.2k $83.9m | Reduced -20.1k |
| California Public Employees Retirement System 0.07% of their portfolio | 721.4k $83.8m | Reduced -124.0k |
| Alyeska Investment Group, L.P. 0.73% of their portfolio | 712.3k $82.8m | Added +48.5k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.18% of their portfolio | 700.1k $81.3m | Reduced -42.8k |
| Mitsubishi UFJ Trust & Banking Corp 0.20% of their portfolio | 690.9k $80.3m | Reduced -19.6k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.35% of their portfolio | 687.2k $79.8m | Added +574.3k |
| BANK OF MONTREAL /CAN/ 0.03% of their portfolio | 678.9k $80.1m | Added +325.9k |
| PRUDENTIAL FINANCIAL INC 0.12% of their portfolio | 674.8k $78.4m | Reduced -498.4k |
| Baird Financial Group, Inc. 0.19% of their portfolio | 669.2k $77.7m | Added +4.3k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.11% of their portfolio | 641.8k $74.6m | Reduced -14.3k |
| PICTET ASSET MANAGEMENT SA 0.09% of their portfolio | 633.9k $73.6m | Added +3.4k |
| Stephens Investment Management Group LLC 1.19% of their portfolio | 613.9k $71.3m | Added +661 |
| UBS Group AG 0.03% of their portfolio | 611.4k $71.0m | Reduced -54.7k |
| CITIGROUP INC 0.09% of their portfolio | 608.5k $70.7m | Reduced -259.5k |
| SEI INVESTMENTS CO 0.13% of their portfolio | 607.0k $70.5m | Added +57.3k |
| GILDER GAGNON HOWE & CO LLC 1.17% of their portfolio | 606.0k $70.4m | Reduced -31.1k |
| ENVESTNET ASSET MANAGEMENT INC 0.03% of their portfolio | 599.3k $69.6m | Reduced -16.8k |
| STRS OHIO 0.11% of their portfolio | 598.8k $69.6m | Added +399.2k |
| FRED ALGER MANAGEMENT, LLC 0.37% of their portfolio | 590.8k $68.6m | Added +365.0k |
| PEREGRINE CAPITAL MANAGEMENT LLC 1.96% of their portfolio | 584.5k $67.9m | Added +7.0k |
| Chicago Capital, LLC 3.37% of their portfolio | 582.8k $67.7m | Reduced -2.3k |
| National Pension Service 0.12% of their portfolio | 576.5k $65.9m | Reduced -5.4k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 535.6k $62.2m | Added +18.4k |
| MACKENZIE FINANCIAL CORP 0.10% of their portfolio | 531.4k $61.7m | Reduced -23.0k |